Showing posts with label HUMBUG. Show all posts
Showing posts with label HUMBUG. Show all posts

Wednesday, July 16, 2008

Now there's a surprise!

What's that, you may ask? The chancellor's pronouncement today that the forthcoming 2p/litre increase in fuel duty is going to be postponed. Full story from the Telegraph.

"Postponing the planned increase in fuel duty is consistent with the Government's commitment to support the Bank of England in maintaining low inflation."

Hmmmm! So its all about controlling inflation? You're kidding, right? Note the key word, 'postponing'. Not canceling, abandoning, withdrawing, but simply postponing; perhaps until things quieten down a little so they can re-introduce it when all our minds are on other things?

Or am I being overtly cynical again?